Australia - Carrots And Turnips - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCarrot and Turnip Price in Australia - 2023
Contents:
- Carrot and Turnip Price in Australia (FOB) - 2023
- Carrot and Turnip Price in Australia (CIF) - 2022
- Carrot and Turnip Exports in Australia
- Carrot and Turnip Imports in Australia
Carrot and Turnip Price in Australia (FOB) - 2023
The average carrot and turnip export price stood at $590 per ton in July 2023, reducing by -3.1% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 4.9% against the previous month. As a result, the export price reached the peak level of $671 per ton. From February 2023 to July 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In July 2023, the highest price was recorded for prices to Hong Kong SAR ($708 per ton) and Saudi Arabia ($634 per ton), while the average price for exports to Malaysia ($519 per ton) and the United Arab Emirates ($540 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.3%), while the prices for the other major destinations experienced a decline.
Carrot and Turnip Price in Australia (CIF) - 2022
The average carrot and turnip import price stood at $3,108 per ton in 2022, surging by 520% against the previous year. Over the period under review, the import price posted a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -1.9% per year.
Carrot and Turnip Exports in Australia
In 2022, overseas shipments of carrots and turnips decreased by -7.9% to 95K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a perceptible descent. The pace of growth was the most pronounced in 2020 when exports increased by 3.3%. As a result, the exports attained the peak of 110K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carrot and turnip exports declined to $62M in 2022. Over the period under review, exports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 6.2%.
| Export of Carrot and Turnip in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 16.6 | 18.4 | 19.7 | 19.5 | 5.5% |
| Saudi Arabia | 12.7 | 12.9 | 12.2 | 9.4 | -9.5% |
| Malaysia | 8.2 | 9.2 | 11.0 | 9.1 | 3.5% |
| Singapore | 8.1 | 8.7 | 8.8 | 7.7 | -1.7% |
| Qatar | 6.2 | 5.4 | 5.2 | 5.2 | -5.7% |
| Thailand | 1.3 | 1.7 | 1.5 | 2.7 | 27.6% |
| Hong Kong SAR | 2.4 | 2.9 | 2.6 | 2.1 | -4.4% |
| Kuwait | 2.4 | 2.9 | 2.2 | 1.5 | -14.5% |
| Bahrain | 1.3 | 1.3 | 1.2 | 1.0 | -8.4% |
| Japan | 1.8 | 1.3 | 1.0 | 0.7 | -27.0% |
| Others | 3.7 | 3.7 | 3.3 | 3.0 | -6.8% |
| Total | 64.6 | 68.6 | 68.9 | 61.9 | -1.4% |
Top Export Markets for Carrot and Turnip from Australia in 2022:
- United Arab Emirates (30.4K tons)
- Malaysia (14.9K tons)
- Saudi Arabia (14.4K tons)
- Singapore (11.9K tons)
- Qatar (8.1K tons)
- Thailand (3.7K tons)
- Hong Kong SAR (3.1K tons)
- Kuwait (2.3K tons)
- Bahrain (1.7K tons)
- Japan (1.0K tons)
Carrot and Turnip Imports in Australia
Carrot and turnip imports into Australia declined significantly to 360 kg in 2022, which is down by -99.3% against the year before. Over the period under review, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 108% against the previous year.
In value terms, carrot and turnip imports shrank dramatically to $1.1K in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 121%.
| Import of Carrot and Turnip in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 1.1 | 0% |
| New Zealand | 44.6 | 0.2 | 0.3 | N/A | -91.8% |
| China | 49.5 | 6.4 | 13.6 | N/A | -47.6% |
| Vietnam | 2.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 24.6 | 2.7 | 4.9 | N/A | -55.4% |
| Italy | 166 | N/A | N/A | N/A | 0% |
| Netherlands | 2.0 | 0.2 | 0.2 | N/A | -68.4% |
| Others | 9.7 | 2.7 | 7.9 | N/A | -9.8% |
| Total | 299 | 12.2 | 27.0 | 1.1 | -84.6% |
Top Suppliers of Carrot and Turnip to Australia in 2022:
- Singapore (360.0 kg)
This report provides an in-depth analysis of the carrot and turnip market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 426 - Carrot
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the carrot and turnip market in Australia.
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This report provides an in-depth analysis of the global carrot and turnip market.
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This report provides an in-depth analysis of the carrot and turnip market in Australia.
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This report provides an in-depth analysis of the global carrot and turnip market.
308
The price of Carrot And Turnip in June 2023 remained stable at $609 per ton (FOB, Australia) compared to the previous month.
8301
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4389
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4976
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
5620
In 2015, the country with the largest volume of the carrot and turnip output was China (X thousand tons), accounting for X% of global production.
1793
Despite relatively rocky export numbers in 2014, the Netherlands remained one of the leaders in the global carrot and turnip trade. In 2014, the Netherlands exported X thousand tons of carrot and turnip totaling X million USD, X% under the previo
308
The price of Carrot And Turnip in June 2023 remained stable at $609 per ton (FOB, Australia) compared to the previous month.
8301
Global carrot and turnip consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4389
Global carrot and turnip exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
4976
Global carrot and turnip imports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
